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Newspaper
Independent
Location
Long Beach, California, United States of America
Date
May 01, 1959
Page
17
New York trading closed lower as profit-taking weighed on the market after a month of gains. The 60 stock average slipped to 226.70 with industrials down and volume around 3.5 million shares. Sperry Rand led activity, up to 26.4 with 319,700 shares traded.
A dense OCR page shows Pacific Coast Exchange prices and tickers with scattered figures and company names. The jumble lists securities across multiple lines, with references to NYSE, various brokers, and intraday price movements.
Stocks closed with a narrow mix after a session of consolidation driven by gains in some blue chips. General Motors Sears Chrysler and Bethlehem Steel posted varied results while copper prices influenced mining shares as traders weighed first quarter results and dividend news.
The Dow Jones averages fell on a day influenced by EF Harton & Co. Market activity showed declines across major indices as investors reacted to sector news and corporate updates from Harton and Co.
The most comprehensive and fascinating guide ever written on our two most controversial states. everything that can affect your choice between them as a place to live, work, retire or vacation. Every pro and con is covered buildss and Living costs social life weather job opportunities trailer homes pests taxes schools cultural life and more. May McCalls on newsstands now.
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